Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Select the General forces of business environment out of the following.

A. Social
B. Competitors
C. Technological
D. Suppliers
E. Customers

Choose the correct answer from the options given below:

Options:

A, B and C only

A and C only

B, D and E only

C, D and E only

Correct Answer:

A and C only

Explanation:

The correct answer is option 2- A and C only.

Business environment includes both specific and general forces.
Specific forces (such as investors, customers, competitors and suppliers) affect individual enterprises directly and immediately in their day-to-day working.
General forces (such as social, political, legal and technological conditions) have impact on all business enterprises and thus may affect an individual firm only indirectly.